Onchain privateness is a necessity within the age of AI — Shielded CEO

Onchain privateness is a necessity within the age of AI — Shielded CEO
Onchain privateness is a necessity within the age of AI — Shielded CEO


Blockchain privateness instruments reminiscent of zero-knowledge (ZK) proofs will change into more and more crucial to guard on-line person information within the age of synthetic intelligence, in response to Eran Barak, CEO of Shielded Applied sciences, the developer behind the Midnight privateness chain.

In an interview with Cointelegraph at Consensus 2025, Barak mentioned company service suppliers and centralized servers are anticipated to become honeypots for AI-assisted hackers and malicious actors seeking to steal precious information, together with personal keys, monetary metadata, medical information, and authorities paperwork.

Hackers concentrating on centralized entities have a “huge” return on funding (ROI) and are incentivized to hack centralized targets that comprise hundreds of thousands of precious information, the CEO advised Cointelegraph. Barak added that ZK-proofs, a manner of verifying onchain information with out revealing it, clear up this downside:

“Blockchain goes to enhance cybersecurity world wide, as a result of, for a hacker to get to precise information, they should hack particular person wallets, however their ROI can be one document as a substitute of hundreds of thousands — not price it. They’ll go elsewhere.”

Privateness options have change into a serious focus for a lot of Web3 builders, because the need to shield metadata from AI algorithms grows and large institutions demand privacy tools to guard delicate information as a prerequisite to bringing their enterprise operations onchain.

Privacy, Data, Web3
Midnight generates shielded property that present customers with onchain privateness whereas sustaining compliance. Supply: Midnight

Associated: EU to ban anonymous crypto accounts and privacy coins by 2027

Cardano’s Hoskinson teases multichain airdrop

Talking at Consensus 2025, Cardano co-founder Charles Hoskinson introduced an upcoming Midnight token airdrop for holders of Avax (AVAX), XRP (XRP), Bitcoin (BTC), Courageous Consideration Token (BAT), and others. Midnight is a associate chain of the Cardano community.

Hoskinson the multichain airdrop will unite the business by way of cooperative tokenomics and can promote collaboration. “Now we have an opportunity to return collectively once more, and I believe on this divisive period, the business completely wants that.”

Privacy, Data, Web3
Charles Hoskinson at Consensus 2025. Supply: Cointelegraph

Barak additionally advised Cointelegraph that Midnight would invite customers throughout all the Web3 ecosystem to mine the Midnight token following the preliminary multichain airdrop.

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